Reeds Rains reviewing Northern Ireland branches

An estate agency which earlier on Monday issued a statement saying it was closing all its Northern Ireland branches has now said that is not correct.

Reeds Rains now says it is "reviewing our branch network in Northern Ireland".

"We are exploring the opportunity to change the operational model through investment in franchising," it added.

Reeds Rains, which is headquartered in Yorkshire, employs 72 people in NI.

"We believe local ownership of the branches in Northern Ireland, but continuing to trade under the established Reeds Rains brand, is the best approach to ensuring the future success of the business and the people working in the branches," it said.

The Reeds Rains branches are in Portadown, Glengormley, Newtownards, Carrickfergus, Bangor, Lisburn and two in Belfast on the Lisburn and Andersonstown roads.

The earlier statement issued by the company said the branches would close by the end of year.

However, Reeds Rains said this statement was issued without approval and was incorrect.

More Northern Ireland stories



  • Alana Saarinen at pianoMum, Dad and Mum

    The girl with three biological parents

  • Polish and British flags alongside British roadsideWar debt

    Does the UK still feel a sense of obligation towards Poles?

  • Islamic State fighters parade in Raqqa, Syria (30 June 2014)Who backs IS?

    Where Islamic State finds support to become a formidable force

  • Bride and groom-to-be photographed underwaterWetted bliss

    Chinese couples told to smile, but please hold your breath

  • A ship is dismantled for scrap in the port city of Chittagong, BangladeshDangerous work

    Bangladesh's ship breakers face economic challenge

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.